300 Petronia Street, Key West, FL 33040

New Listing

$1,200,000

Property Type: Business Opportunity Baths: 3 Square Footage: 1,802 Lot Size (sq. ft.): 4,433 Status: Active

Current Price: $1,200,000 List Date: 10/19/2026 Last Modified: 10/19/2026

Overview

Description

A rare opportunity to acquire two established and complimentary hospitality businesses operating side by side in one of Key West's most desirable and recognizable Old Town neighborhoods. La Crêperie French Café and ViV Wine Bistro offer a distinctive day to night business model at 300 Petronia Street, in the heart of Bahama Village and directly across from the iconic Blue Heaven. The businesses operate as separate concepts while naturally complementing one another, creating an exceptional opportunity for an owner operator, hospitality group, or investor seeking an established Key West platform. La Crêperie brings a charming French café experience to Key West, specializing in freshly prepared sweet and savory crêpes, traditional galettes, French pastries, coffee, cheeses and charcuterie. Its inviting European atmosphere and established identity have made it a beloved part of the local dining scene. Next door, ViV Wine Bistro transitions the experience into the evening, offering ... (Read more)

Listing Details MLS# 621681

Location, Tax & Legal

Street #: 300
Street Name: Petronia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: N/A
Alternate Key #: 1014613
Parcel #: 00014230000000
Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Legal: Kw Pt Lot 7 Sqr 1 Tr 3 J2-33 Or3-1/2 Or58-132/33 G16-27 Or724-786/87 Or822-1971 Or967-1054/55 Or981-1017/18 Or1171-1912/
Taxes: 13517.2
Tax Year: 2025

Contract Information

Sub Type: Business Opp No-Real Estate
Listing Board: Key West Association
Amount of Rent: 8028
Limited Representation: No

General Property Description

Realtor.COM Type: Commercial
Style: Business Opportunity
Lot SqFt: 4433
Waterfront: No
Business Type: Restaurant
Business Name: La Creperie & ViV
Building SqFt: 3604
Living Apx SqFt: 1802
Year Built: 2009
Half Baths: 3
Total Baths: 3

Remarks & Misc

Remarks – Consumer: A rare opportunity to acquire two established and complimentary hospitality businesses operating side by side in one of Key West's most desirable and recognizable Old Town neighborhoods. La Crêperie French Café and ViV Wine Bistro offer a distinctive day to night business model at 300 Petronia Street, in the heart of Bahama Village and directly across from the iconic Blue Heaven. The businesses operate as separate concepts while naturally complementing one another, creating an exceptional opportunity for an owner operator, hospitality group, or investor seeking an established Key West platform. La Crêperie brings a charming French café experience to Key West, specializing in freshly prepared sweet and savory crêpes, traditional galettes, French pastries, coffee, cheeses and charcuterie. Its inviting European atmosphere and established identity have made it a beloved part of the local dining scene. Next door, ViV Wine Bistro transitions the experience into the evening, offering an intimate French inspired setting centered around thoughtfully selected wines, artisan cheeses, charcuterie, tapas and classic French inspired dishes. Live music and special events further enhance ViV's appeal as an evening destination. Together, the businesses create a compelling operating model: French café by day and wine bistro by night, with two recognizable concepts, complementary dining occasions and the ability to capture both visitor and local clientele. The property is leased through October 2034, providing meaningful lease runway for an incoming operator, subject to lease assignment and landlord approval. • Two established businesses offered together as one acquisition • Established brands and loyal customer base • Distinctive French culinary identity • Complementary daytime and evening operations • Existing restaurant infrastructure and operating systems • Long term lease in place Opportunity to expand catering, private events, special programming and marketing

Type

Bar/Tavern/Lounge: Yes
Restaurant: Yes

More Information

Dockage

None: Yes

Appliances

Coffee Maker: Yes
Dishwasher: Yes
Disposal: Yes
Ice Machine: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appl: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Furnishings

Furnished: Yes
Turnkey Finished: Yes

Waterview

None: Yes

View

None: Yes

Building Style

Ground Level: Yes

Construction

Frame: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes
Propane: Yes

Porch/Balcony

Patio: Yes

Exterior Features

Storage: Yes

Miscellaneous

High Visibility: Yes
Patio: Yes

Business Opp

City: Yes

Tenant Paid

Electric: Yes
Garbage: Yes
Gas: Yes
Insurance: Yes
Sewer: Yes
Taxes: Yes
Water: Yes

Liquor License

2 Cop (Beer & Wine): Yes

Property Features

Type: Bar/Tavern/Lounge; Restaurant Appliances: Coffee Maker; Dishwasher; Disposal; Ice Machine; Oven; Range; Refrigerator; Stainless Steel Appl Cooling: Ceiling Fans(s); Central Air Furnishings: Furnished; Turnkey Finished Building Style: Ground Level Construction: Frame Dockage: None Exterior Features: Storage Utilities: FKAA; Municipal Sewer; Propane View: None Waterview: None Liquor License: 2 Cop (Beer & Wine) Miscellaneous: High Visibility; Patio Tenant Paid: Electric; Garbage; Gas; Insurance; Sewer; Taxes; Water

Listing Office: Preferred Properties (KW)

Last Updated: October - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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